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African Media Entertainment (JSE:AME) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is African Media Entertainment Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

African Media Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R0.0 Mil. African Media Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was R0.0 Mil. African Media Entertainment's annualized EBITDA for the quarter that ended in Sep. 2023 was R46.6 Mil. African Media Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for African Media Entertainment's Debt-to-EBITDA or its related term are showing as below:

JSE:AME's Debt-to-EBITDA is not ranked *
in the Media - Diversified industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

African Media Entertainment Debt-to-EBITDA Historical Data

The historical data trend for African Media Entertainment's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

African Media Entertainment Debt-to-EBITDA Chart

African Media Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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African Media Entertainment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of African Media Entertainment's Debt-to-EBITDA

For the Broadcasting subindustry, African Media Entertainment's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


African Media Entertainment's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, African Media Entertainment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where African Media Entertainment's Debt-to-EBITDA falls into.



African Media Entertainment Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

African Media Entertainment's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 49.041
=0.00

African Media Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Sep. 2023) EBITDA data.


African Media Entertainment  (JSE:AME) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


African Media Entertainment Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of African Media Entertainment's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


African Media Entertainment (JSE:AME) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.

African Media Entertainment (JSE:AME) Headlines

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